1024 W 2nd St
Freeport, TX 77541

Prime opportunity to develop this valuable corner lot property, located in the heart of Freeport, Texas directly on The Old Brazos River! This land has 800 feet of waterfront and highway frontage on a high traffic area located on a 4 way stop at 2nd Street and North Velasco Blvd. This location is inside the guillotine gate which is the only actual safe harbor on the gulf coast which means it never floods or rises over its banks. This location provides you with endless possibilities to build multi-family units as well as a restaurant, a gas station, merchant stores, a marina, a fuel dock, an offshore fishing and diving guide service, oil exploration services, business offices, etc. This property was previously used for offshore diving expeditions and was quite profitable in its time of operation. There is a cement barrier located on the waterside that housed enclosed gasoline tanks for fueling the boats. There is a covered building on pilings on the water that can be developed or torn down along with an old boat ramp and pier pilings. This property was once a part of a revitalization project by investors to develop an Inner Harbor Development and Riverwalk, bringing a large number of jobs to the city and a very promising potential for increased revenue for the city and business owners in the area. The land adjacent to this is also for sale which may enhance the opportunities to develop. That information can be made available upon request.